Rishabh Pant Sets Record as IPL 2025 Auction Hits ₹467.95 Crore on Day 1

Rishabh Pant Sets Record as IPL 2025 Auction Hits ₹467.95 Crore on Day 1

The first day of the IPL 2025 Mega Auction ended with record-breaking bids and intense competition among franchises. A total of 84 players went under the hammer, with 72 sold and 12 left unsold. Teams spent an impressive ₹467.95 crore, setting the tone for an exhilarating auction.

𝗥𝗲𝗰𝗼𝗿𝗱-𝗯𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝗥𝗶𝘀𝗵𝗮𝗯𝗵 🔝

Snippets of how that Historic bidding process panned out for Rishabh Pant 🎥 🔽 #TATAIPLAuction | #TATAIPL | @RishabhPant17 | @LucknowIPL | #LSG pic.twitter.com/grfmkuCWLD

— IndianPremierLeague (@IPL) November 24, 2024

India’s star wicketkeeper-batter Rishabh Pant made history, becoming the most expensive player in IPL history. The Lucknow Super Giants (LSG) secured him for ₹27 crore, breaking the previous record held by Shreyas Iyer, who was picked by Punjab Kings (PBKS) earlier in the day for ₹26.75 crore. This marked a landmark moment in the league’s history, with teams displaying an aggressive approach to building their squads.

Presenting the 🔝 Buys at the end of Day 1⃣ of the Mega Auction!

Which one did you predict right 😎 and which one surprised 😲 you the most❓

Let us know in the comments below ✍️ 🔽#TATAIPLAuction | #TATAIPL pic.twitter.com/sgmL8tbI86

— IndianPremierLeague (@IPL) November 24, 2024

Top Buys of Day 1

• Rishabh Pant (LSG): ₹27 crore
• Shreyas Iyer (PBKS): ₹26.75 crore
• Venkatesh Iyer (KKR): ₹23.75 crore
• Arshdeep Singh (PBKS): ₹18 crore
• Yuzvendra Chahal (PBKS): ₹18 crore

Key Player Highlights

• Venkatesh Iyer: The Kolkata Knight Riders (KKR) went all-in for the all-rounder, acquiring him for ₹23.75 crore.
• Yuzvendra Chahal: The Indian spinner became the most expensive spinner in IPL history after Punjab Kings purchased him for ₹18 crore.
• Arshdeep Singh: PBKS retained their left-arm pacer using the Right to Match (RTM) card for ₹18 crore, setting the pace for the day.

Strategic Moves by Teams

• Sunrisers Hyderabad (SRH): The former champions added Ishan Kishan for ₹11.25 crore. While Mumbai Indians (MI) had earlier acquired him for ₹15.25 crore in 2022, they refrained from aggressive bidding this time.
• Mumbai Indians (MI): MI made their first splash by acquiring New Zealand pacer Trent Boult for ₹12.50 crore.
• Punjab Kings (PBKS): PBKS dominated the day with three marquee purchases, demonstrating their intent for the upcoming season.

Team Purses After Day 1

Here’s a look at the remaining budgets for each franchise after an eventful opening day:

Looking Ahead to Day 2

With high-profile players already off the board, Day 2 of the IPL 2025 Auction promises more drama as franchises aim to finalize their squads. Teams with significant budgets, like Royal Challengers Bangalore (RCB) and Mumbai Indians (MI), are expected to make strategic moves to strengthen their rosters.